13-Eagle AHA Regulatory Agreement.pdf

This is a Regulatory Agreement document involving the Housing Authority of the City of Alameda for the Eagle Village affordable housing development located at 700 Block of Eagle Avenue in Alameda, California. The agreement establishes the regulatory framework and operational requirements governing the Eagle Village project, which serves as one of two properties (alongside Parrot Village) identified in the related RFP for refinancing existing debt. The document outlines the conditions, covenants, and restrictions that apply to the property's use, management, and occupancy in connection with the housing development initiative. The agreement specifies the obligations of the Housing Authority and any financing partners regarding the maintenance and operation of the affordable housing units at the Eagle Village site.

The Regulatory Agreement contains the legal and operational requirements necessary for the continued affordability and public benefit of the Eagle Village development. This agreement functions as a binding instrument that ensures compliance with affordable housing goals, tenant protections, and property management standards throughout the term of any financing arrangements. The document serves as a foundational component of the refinancing process outlined in the RFP, providing lenders and investors with assurance regarding the regulatory constraints and operating requirements that will govern the property's performance and affordability obligations.